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Consumption
Development economics
Gifts and bequests
Infrastructure
Labor economics
Macro economics
Sustainability
IFN Researcher
Strategic Reserves versus Market-Wide Capacity Mechanisms
Many electricity markets use capacity mechanisms to support generation owners. Capacity payments can mitigate imperfections associated with “missing money” in the spot market and solve transitory capa…
Working Paper
Publish date 4/6/2021
Aggregate Consumption and Wealth in the Long Run: The Impact of Financial Liberalization
This paper investigates the impact of financial liberalization on the relationship between consumption and total wealth (i.e., the sum of asset wealth and human wealth). We propose a heterogeneous age…
Journal Article
Publish date 2/21/2022
Financial Reforms and Low-Income Households’ Impact on International Consumption Risk Sharing
Complete financial markets allow countries to share their consumption risks internationally, thereby creating welfare gains through lower volatility of aggregate consumption. Using a panel of 116 coun…
Journal Article
Publish date 7/4/2022
Financial Reforms and Low-Income Households’ Impact on International Consumption Risk Sharing
Complete financial markets allow countries to share their consumption risks internationally, thereby creating welfare gains through lower volatility of aggregate consumption. Using a panel of 116 coun…
Working Paper
Publish date 1/31/2019
IFN Researcher
IFN Researcher
IFN Researcher
Perceptions of Inherited Wealth and the Support for Inheritance Taxation
We study how attitudes to inheritance taxation are influenced by information about the role of inherited wealth in society. Using a randomized experiment in a register‐linked Swedish survey, we find t…
Journal Article
Publish date 3/29/2021
The Last Will: Estate Divisions as a Testament of to Whom Altruism is Directed
We use data on estate divisions to study to whom altruistic preferences are directed. Insofar bequests are given without the prospect of future personal benefits in mind, they are presumably intrinsic…
Journal Article
Publish date 9/9/2021
Trust Us to Repay: Social Trust, Long-Term Interest Rates, and Sovereign Credit Ratings
This paper asks whether the sensitivity of market long-term interest rates and credit ratings is associated with cross-country differences in informal institutions, measured by social trust. We note a…
Journal Article
Publish date 8/13/2021
IFN Researcher
Affiliated Researcher